The Canadian rocker is releasing her eighth album, Havoc and Bright Lights, on August 28 and is mother to a nearly two-year-old — so an insider tells RadarOnline.com there's no better time for Alanis to try her hand at something new.
"Alanis is really excited about the prospect of being on the show," the insider exclusively revealed.
"She has a new album coming out and the publicity would be great. She kind of disappeared for a while to get married and have a baby, but now she's ready to get her career back on track."
The source said Alanis would fill the rocker void left by Steven Tyler's departure from the show.
"Nothing is signed yet, but they're negotiating and near closing a deal."
If Alanis gets the gig, it won't be her first time on the Idol stage. The 38-year-old performed her smash hit You Oughta Know with finalist Crystal Bowersox in 2010.
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